#BTC☀ $BTC BTC crosses thier own limits , new ATH
The differences in Bitcoin's price across various exchanges are common and arise due to several factors, even when Bitcoin crosses a significant milestone like $100,000 USDT. Here’s why:
Reasons for Price Differences:
Liquidity and Volume:
High liquidity exchanges (like Binance, Coinbase, or Kraken) often have prices close to the market average.
Smaller exchanges with less liquidity may show slight deviations due to lower trading volume.
Geographic Demand:
Prices can vary based on geographic demand and regional fiat currency conversions.
For instance, an exchange in Asia might show a slightly different price compared to one in the US.
Transaction Costs:
Some exchanges incorporate small premiums or discounts into their prices to account for transaction fees or spreads.
Latency and Arbitrage:
Crypto prices can change rapidly, and exchanges might update their prices at slightly different intervals.
Arbitrage traders take advantage of these differences, but minor disparities can persist.
Stablecoin Pegs:
Exchanges using USDT might show slightly different prices compared to those using USD, depending on the perceived stability of the tether peg.